This property looks like a bad Long-Term investment with a projected -22.93% first-year return on $168k initial cash invested.
-22.93%
Cash On Cash
2.08%
Cap Rate
0.31
DSCR
$2,549
Rent
-$3,210
Cashflow
Cash Flow
$2,549 income − $5,759 expenses = $3,210 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$160k
Closing costs
1%
$8,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,549
Total Expenses
$5,759
Mortgage P&I
175%
$4,467
Property Taxes
14%
$350
Home Insurance
11%
$280
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0